Aluminum Alloy Gravity Casting Market
Aluminum Alloy Gravity Casting Market Scope: Industry Analysis, Market Size, Growth, Trends Till
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Aluminum Alloy Gravity Casting Market Size and Growth
The Aluminum Alloy Gravity Casting market is witnessing robust growth driven by rising demand in automotive and aerospace sectors. As of 2023, the market size is valued at approximately $2.5 billion, reflecting increasing adoption due to cost-effectiveness and superior material properties. Innovations in casting technologies are further enhancing market prospects.
Companies Covered
(Covid 19 Impact Covered)
◍ Hitachi Metals, Ltd
◍ Georg Fischer Limited
◍ Yuhuan Kailing Machinery Group Co
◍ Wencan Group Co
◍ Dean Group International
◍ Ferralloy
◍ NovaCast
◍ Sunrise
◍ Ming Ming
◍ Omnidex
◍ Zon Hen Industrial Co
The Aluminum Alloy Gravity Casting Market features key players like Hitachi Metals, Georg Fischer, and Wencan Group. These companies enhance market growth through innovative casting techniques, strategic partnerships, and expanding product portfolios. Revenue figures include:
- Hitachi Metals: Approx. $3.2 billion
- Georg Fischer: Approx. $4.0 billion
- Ferralloy: Estimated $200 million.
◍ Guangdong Hongxing Precision Technology Corp
◍ Shandong JPR
◍ Zhejiang Dongrun Casting Industry
Market Segmentation
By Application
Pure Electric Vehicle
Hybrid Vehicle
By Product
Passenger Car ◍ Internal Combustion Engine Vehicle
◍ Inclined Gravity Casting
Fixed Gravity Casting
Commercial Vehicle
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Market Growth
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$ X Billion USD
